Overview
What is Catholic Health Initiatives Colorado?
Catholic Health Initiatives Colorado is a faith-based nonprofit organization with a mission to extend healing through charitable care, community programs, and sponsorships focused on improving the health and well-being of Colorado residents. Located in Centennial, Colorado, this organization employs over 11,900 individuals and is dedicated to fulfilling its commitment to nurturing the health of the community, as expressed in its mission to "extend the healing ministry of Christ." By investing in various charitable initiatives, community programs, and sponsorships, Catholic Health Initiatives-Colorado continues to make a significant impact on the well-being of the people in Colorado.
Official website here: www.mountain.commonspirit
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Catholic Health Initiatives Colorado has received a Three-Star rating from Charity Navigator, reflecting a score of 81% based primarily on its Accountability & Finance metrics. This score indicates a solid performance in financial management and transparency, which are critical for building trust with donors and the community. The evaluation highlighted that the organization adheres to best practices in financial oversight, evidenced by its perfect scoring in areas like audit and oversight, material diversion of assets, and several governance policies.
Strengths of the organization include a high program expense ratio of 90.23%, suggesting that a significant portion of its resources is directed towards its mission-driven programs rather than administrative costs. Additionally, the organization has robust policies in place regarding conflict of interest, whistleblower protections, and document retention, which bolster its accountability and commitment to ethical practices.
Despite its strengths, the overall rating reflects that improvements could still be made to further enhance transparency and stakeholder engagement. While the organization exhibits a strong financial framework, continuous efforts to communicate its impact and engage with the community will be essential for maintaining and improving donor trust and support in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Catholic Health Initiatives Colorado legitimate?
Catholic Health Initiatives Colorado is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Health Initiatives Colorado submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,029,540,808
For more financial information, click here
Official website here: www.mountain.commonspirit
What is the mission statement of Catholic Health Initiatives Colorado?
Catholic Health Initiatives Colorado is a faith-based organization dedicated to investing in charitable care, community programs, and sponsorships that foster the health and well-being of people in Colorado. The team at Catholic Health Initiatives Colorado is united by a collective mission to extend the healing ministry of Christ by caring for the sick and nurturing the health of their communities. Through their various initiatives, they strive to make a difference in people's lives and contribute to the overall well-being of the community. The organization's commitment to this mission drives their efforts to provide vital services and support, demonstrating their dedication to improving the lives of those they serve.
Official website here: www.mountain.commonspirit
Who is the CEO of Catholic Health Initiatives Colorado?
Peter Banko is the CEO of Catholic Health Initiatives Colorado The CEO's salary of Catholic Health Initiatives Colorado is $0 and their total compensation is $8,261,916.
Official website here: www.mountain.commonspirit
What is the revenue of Catholic Health Initiatives Colorado?
Catholic Health Initiatives Colorado's revenue in 2024 was $3,295,837,327.
Official website here: www.mountain.commonspirit
Who are the executives of Catholic Health Initiatives Colorado and what are their salaries?
The average compensation at Catholic Health Initiatives Colorado during 2024 was $65,823. There are 15641 employees and 823 volunteers at Catholic Health Initiatives Colorado.
Here are 30 key members and their salaries (Catholic Health Initiatives Colorado's CEO's salary is $0 and their total compensation is $8,261,916):
- Compensation: $0
- Related: $8,101,604
- Other: $160,312
- Compensation: $0
- Related: $7,232,588
- Other: $610,668
- Compensation: $0
- Related: $5,658,647
- Other: $227,967
- Compensation: $0
- Related: $3,241,982
- Other: $41,536
- Compensation: $0
- Related: $3,099,191
- Other: $90,638
- Compensation: $0
- Related: $3,108,412
- Other: $51,780
- Compensation: $0
- Related: $2,923,705
- Other: $98,677
- Compensation: $0
- Related: $2,910,363
- Other: $90,850
- Compensation: $0
- Related: $2,787,583
- Other: $86,894
- Compensation: $0
- Related: $2,687,246
- Other: $61,618
- Compensation: $0
- Related: $1,889,037
- Other: $64,683
- Compensation: $0
- Related: $1,614,107
- Other: $53,052
- Compensation: $0
- Related: $1,554,354
- Other: $50,175
- Compensation: $1,510,532
- Related: $0
- Other: $49,971
- Compensation: $0
- Related: $1,473,584
- Other: $68,922
- Compensation: $1,345,117
- Related: $0
- Other: $66,517
- Compensation: $0
- Related: $1,233,703
- Other: $64,361
- Compensation: $0
- Related: $1,185,541
- Other: $52,877
- Compensation: $1,093,014
- Related: $0
- Other: $35,609
- Compensation: $0
- Related: $1,086,856
- Other: $30,137
- Compensation: $969,263
- Related: $0
- Other: $68,263
- Compensation: $961,540
- Related: $0
- Other: $59,216
- Compensation: $0
- Related: $979,978
- Other: $31,927
- Compensation: $0
- Related: $936,944
- Other: $48,801
- Compensation: $0
- Related: $884,466
- Other: $58,737
- Compensation: $0
- Related: $870,470
- Other: $15,951
- Compensation: $0
- Related: $790,606
- Other: $65,539
- Compensation: $0
- Related: $750,567
- Other: $42,071
- Compensation: $0
- Related: $702,322
- Other: $40,406
- Compensation: $0
- Related: $488,107
- Other: $7,078
Official website here: www.mountain.commonspirit
Where can I find the form 990 for Catholic Health Initiatives Colorado?
Catholic Health Initiatives Colorado's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.mountain.commonspirit
Learn more at the official website: www.mountain.commonspirit
Mission Statement of Catholic Health Initiatives Colorado
Catholic Health Initiatives-Colorado is a faith-based organization dedicated to investing in charitable care, community programs, and sponsorships that foster the health and wellbeing of the people of Colorado. This mission is rooted in the belief that extending the healing ministry of Christ is essential to caring for the sick and nurturing the health of the community.
Through its diverse team of caregivers, Catholic Health Initiatives-Colorado embodies a collective commitment to making a difference in the world around them. Each team member brings their unique passions and purposes to the table, united by the organization's mission to nurture the health of the people in Colorado. The organization's efforts are geared towards addressing the various health needs of the community through a range of initiatives.
Catholic Health Initiatives-Colorado's mission is brought to life through charitable care, community programs, and sponsorships that cater to the unique health requirements of the population. By investing in these areas, the organization aims to create a healthier community for all its residents. The faith-based organization's unwavering dedication to its mission is reflected in the various programs and initiatives it implements to improve the lives of those in need.
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Impact
October, 2024
Catholic Health Initiatives Colorado significantly impacts the health and wellbeing of communities across Colorado through its commitment to charity care, community programs, and targeted sponsorships. By investing in initiatives that address the diverse health needs of the population, the organization helps ensure that healthcare services are accessible to individuals, particularly those who are underserved or in need.
The organization's network of caregivers is dedicated to fostering a healing environment that goes beyond clinical care, embodying a mission rooted in compassion and service. Their collective efforts address not only immediate health concerns but also work towards nurturing long-term health outcomes in the community.
In its role, Catholic Health Initiatives Colorado actively contributes to the overall health landscape by providing critical resources, educational programs, and support systems designed to enhance the quality of life for all Coloradans. By extending its reach through various programs and initiatives, it reinforces the importance of community health, ultimately aiming for a healthier and more connected society.
This information is meant to be a general summary of Catholic Health Initiatives Colorado. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $9,239,082
- Program Service Revenue: $3,215,712,602
- Gross Receipts: $3,296,037,420
Assets and Liabilities:
- Total Assets: $3,366,223,442
- Total Liabilities: $508,264,504
- Net Assets: $2,857,958,938
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICES
Revenue
$3,199,234,267
MANAGEMENT FEE REVENUE
Revenue
$8,373,302
RENTAL TO AFFILIATES
Revenue
$8,105,033
Organization Details
Founding Year
1968
Principal Officer
Andrew Gaasch
Website
www.mountain.commonspiritNTEE Category
Code: E220 - Health
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